Diraq pushing its quantum computer to the cloud amid commercialisation race

The Sydney startup will setup a basic quantum computer in an Equinix data centre by October, it said on Tuesday, as it moves to commercialise a technology that’s been in R&D phase for decades. Key Takeaways Key Background   Proponents of quantum computing say it could be a US$200 billion industry that will enable fundamental breakthroughs […]

Sukhinder Singh Cassidy

Xero investors protest CEO’s new $25.5m pay pack

Over 70 per cent of eligible shareholders voted against the Xero board’s decision to award Sukhinder Singh Cassidy a target pay package of $25.5 million amid the company’s stock struggles. Key Takeaways Key Background   Earlier this week Xero’s board rewarded chief executive Sukhinder Singh Cassidy with a 22 per cent pay rise, lifting her target […]

Millennials came of age in hustle culture. Now they’re turning to ‘boring’ businesses

Opinion: Millennials grew up during the startup boom. Now, MYOB CEO Paul Robson argues, many are taking a more measured path to business ownership, favouring dependable service businesses with recurring revenue. For much of the past two decades, entrepreneurship has been synonymous with disruption. For many, success was measured in funding rounds, rapid scaling and […]